Turkish Airlines (IS:THYAO) — Market Cap & Net Worth
Market Cap & Net Worth: Turkish Airlines (THYAO)
Turkish Airlines (IS:THYAO) has a market capitalization of $9.48 Billion (TL423.43 Billion) as of May 2, 2026. Listed on the IS stock exchange, this Turkey-based company holds position #2320 globally and #8 in its home market, demonstrating a -5.73% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Turkish Airlines's stock price TL308.25 by its total outstanding shares 1373660993 (1.37 Billion). Analyse THYAO operating cash flow to see how efficiently the company converts income to cash.
Turkish Airlines Market Cap History: 2015 to 2026
Turkish Airlines's market capitalization history from 2015 to 2026. Data shows growth from $227.36 Million to $9.48 Billion (40.64% CAGR).
Turkish Airlines Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Turkish Airlines's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.38x
Turkish Airlines's market cap is 0.38 times its annual revenue
Latest Price to Earnings (P/E) Ratio
2.52x
Turkish Airlines's market cap is 2.52 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $227.36 Million | $28.75 Billion | $2.99 Billion | 0.01x | 0.08x |
| 2016 | $154.14 Million | $8.36 Billion | -$13.33 Million | 0.02x | N/A |
| 2017 | $482.73 Million | $10.48 Billion | $168.30 Million | 0.05x | 2.87x |
| 2018 | $495.65 Million | $11.88 Billion | $764.54 Million | 0.04x | 0.65x |
| 2019 | $444.88 Million | $12.62 Billion | $762.17 Million | 0.04x | 0.58x |
| 2020 | $397.19 Million | $46.45 Billion | -$5.59 Billion | 0.01x | N/A |
| 2021 | $615.94 Million | $10.69 Billion | $959.00 Million | 0.06x | 0.64x |
| 2022 | $4.33 Billion | $311.17 Billion | $47.43 Billion | 0.01x | 0.09x |
| 2023 | $7.03 Billion | $20.94 Billion | $6.02 Billion | 0.34x | 1.17x |
| 2024 | $8.65 Billion | $22.67 Billion | $3.42 Billion | 0.38x | 2.52x |
Competitor Companies of THYAO by Market Capitalization
Companies near Turkish Airlines in the global market cap rankings as of May 2, 2026.
Key companies related to Turkish Airlines by market ranking:
- Delta Air Lines Inc (NYSE:DAL): Ranked #703 globally with a market cap of $37.84 Billion USD.
- United Airlines Holdings Inc (NASDAQ:UAL): Ranked #888 globally with a market cap of $29.95 Billion USD.
- RYANAIR HLDGS ADR NEW/5 (F:RY4D): Ranked #938 globally with a market cap of $27.87 Billion USD ( €23.84 Billion EUR).
- Ryanair Holdings plc (IR:RYA): Ranked #945 globally with a market cap of $27.57 Billion USD ( €23.58 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #703 | Delta Air Lines Inc | NYSE:DAL | $37.84 Billion | $68.98 |
| #888 | United Airlines Holdings Inc | NASDAQ:UAL | $29.95 Billion | $92.52 |
| #938 | RYANAIR HLDGS ADR NEW/5 | F:RY4D | $27.87 Billion | €51.50 |
| #945 | Ryanair Holdings plc | IR:RYA | $27.57 Billion | €22.42 |
Turkish Airlines Historical Marketcap From 2015 to 2026
Between 2015 and today, Turkish Airlines's market cap moved from $227.36 Million to $ 9.48 Billion, with a yearly change of 40.64%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | TL9.48 Billion | +14.80% |
| 2025 | TL8.26 Billion | -4.45% |
| 2024 | TL8.65 Billion | +22.92% |
| 2023 | TL7.03 Billion | +62.24% |
| 2022 | TL4.33 Billion | +603.80% |
| 2021 | TL615.94 Million | +55.07% |
| 2020 | TL397.19 Million | -10.72% |
| 2019 | TL444.88 Million | -10.24% |
| 2018 | TL495.65 Million | +2.68% |
| 2017 | TL482.73 Million | +213.17% |
| 2016 | TL154.14 Million | -32.21% |
| 2015 | TL227.36 Million | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Turkish Airlines was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $9.48 Billion USD |
| MoneyControl | $9.48 Billion USD |
| MarketWatch | $9.48 Billion USD |
| marketcap.company | $9.48 Billion USD |
| Reuters | $9.48 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Turkish Airlines
Türk Hava Yollari Anonim Ortakligi provides air transport and aircraft technical maintenance services in Turkey and internationally. The company offers domestic and international passenger and cargo air transportation services; repair and maintenance; technical and infrastructure support services related to aviation sector; technology and information services; support services; occupational healt… Read more